Pink diamonds are rare and exquisite gemstones that have recently become a highly coveted item, and a must-have for any diamond lover or collector. With the recent closure of Rio Tinto’s Argyle Mine in Western Australia, we thought we’d shed some light on just how special these dazzling beauties are!
What Makes a Pink Diamond Pink?
No-one knows for sure what causes the pink colour. Unlike other diamonds in the fancy colour family, pink diamonds don’t contain the impurities that they derive their colour from.
Various theories have been presented regarding the origin of the diamond’s unique hue. Scientists speculate that the enormous pressure undergone by pink diamonds during formation is a likely cause, though others believe it could be related to a seismic shock that impacted the stone’s molecular structure.
Not all pink diamonds are created equal! There is great variation in the shade and intensity of each pink diamond, ranging from soft rose-tones to vibrant raspberry-hues. However, due to the fact that pink diamonds are significantly rarer than their white counterparts, even the lighter shades are still highly valuable and sought-after. The most expensive pink diamonds are often of a pure pink colour, as well as those that exhibit a purplish hue.
Image Source: Argyle Pink Diamonds
Pink Diamond Mining
Pink diamonds were first discovered in India’s Kollur Mine, and have since been found in parts of Brazil, Siberia, Russia, South Africa, Canada and Tanzania. While India and Brazil are still known to occasionally produce these rare diamonds, it is Rio Tinto’s Argyle Mine that has been home to the largest quantity of pink diamonds in history.
Responsible for the production of 90 percent of the world's pink diamonds, the Argyle Mine in Western Australia’s Kimberley region recently closed down in late 2020, prompting a significant change in the diamond market. The mine was known to be home to pink diamonds with unmatched vibrancy and depth of colour, with which no other mine in the world could compete.
Naturally, this has resulted in much uncertainty surrounding the future of pink diamond mining, with the value and demand for pink diamonds set to increase even further. Class A has been lucky enough to obtain some limited edition packs prior to the mine’s closure, which are available for purchase in-store!
Right now is the perfect time to consider purchasing one of these rare and magnificent beauties for yourself. Book an appointment with us today to discuss designing a bespoke piece featuring a pink diamond for you, to be in your family for generations to come.
Notable Pink Diamonds
- Jennifer Lopez's Engagement Ring
It comes as no surprise that when Ben Affleck proposed to Jennifer Lopez with this absolute dazzler back in 2002, it was responsible for a huge increase in demand for coloured diamonds thereafter. Her radiant-cut 6.10 carat fancy intense pink diamond may no longer be sitting on her finger, but it certainly lives on in our dreams!
- Mariah Carey's Engagement Ring
- The Noor-ul-Ain Tiara
Image Source: Wikimedia
- The Pink Star
It’s hard to say what the future of pink diamond mining holds, but we can be sure that their beauty, value, demand and appeal is endless! Get in touch with us today to discuss securing a pink diamond for yourself.
Banner Image Source: Rio Tinto